Michael Mauboussin

Michael Mauboussin: Investment Success Which Matters Most? Luck or Skill

December 7, 2012

Luck versus skill in investing! How much does each matter to investment success? Our guest this week, Financial Thought Leader Michael Mauboussin has written a new book on the topic. Titled The Success Equation: Untangling Skill and Luck In Business, Sports and Investing, its conclusions might surprise you. Continue Reading »

CHECK OUT THE IMPACT COSTS ARE HAVING ON YOUR PORTFOLIO

December 7, 2012

Use Vanguard’s “The Truth About Costs” tool on their website –  you can see the returns lost and the returns kept over different periods of time depending upon the expense ratio paid and the average annual return you are expecting.

 

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Michael Mauboussin on landing his first job

December 7, 2012

A Financial Thought Leader who has written a fascinating new book titled, The Success Equation: Untangling Skill and Luck in Business, Sports and Investing. Author Michael Mauboussin is the Chief Investment Strategist at Legg Mason Capital Management as well as an award-winning Adjunct Professor at Columbia Business School. In his book, he analyzes how and when luck and skill intersect to produce successful results. He concludes, surprisingly, that luck plays a big role in success, as he explains here in extra with the story behind landing his first job!

 

Watch this episode of WEALTHTRACK.

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